ECONOMIC AND MATHEMATICAL MODELING OF DEEP-BEDDING IRON ORE DEPOSITS BY ECOLOGICALLY BALANCED GEO-TECHNOLOGIES

Authors

  • Igor Sokolov IM UB RAS
  • Nickolay Gobov The Institute of Mining, UB RAS
  • Yury Solomein The Institute of Mining, UB RAS
  • Igor Nikitin The Institute of Mining, UB RAS

Keywords:

geo-technological strategy (GS), mining-technical system (MTS), subsurface geo-technology, economic and mathematical modeling (EMM), subsurface concentration complex (SCC), net present value (NPV), optimization

Abstract

The economic and mathematical model (EMM) of
selection geo-technological strategy (GS) is originated. It represents a set of formation algorithm
both the GS options, methods of selection optimal
schemes and processes of mining extraction, a subsurface concentration complex arrangement as well
as calculation of mining output volume by various
systems and net present value (NPV); determination
the GS option rating and appropriate computer program. As a result of the developed GS options simulation by different mineral content, productive capacity, systems of development, arrangement of a
concentration complex, the methods of mining and
processing production (GOP)tails utilization, the
best option was chosen according to ecological and
economic criteria.

Published

2015-12-31

Issue

Section

UNDERGROUND GEOTECHNOLOGY